Regulation 16 Circumstances in which no meetings required (merger)
(1) Section 917 (circumstances in which no meetings required (merger)) is amended as follows.
(2) For subsection (3) substitute -
"(3) The first condition is that either subsection (3A) or subsection (3B) is satisfied.
(3A) This subsection is satisfied if publication of notice of receipt of the draft terms by the registrar took place in respect of all the merging companies at least one month before the date of the court's order.
(3B) This subsection is satisfied if -
(a) the conditions in section 906A(2) to (4) are met in respect of each of the merging companies,
(b) in each case, the registrar published the notice mentioned in subsection (4) of that section in the Gazette at least one month before the date of the court's order, and
(c) the draft terms remained available on the website throughout the period beginning one month before, and ending on, that date.".
(3) For subsection (4) substitute -
"(4) The second condition is that subsection (4A) or (4B) is satisfied for each of the documents listed in the applicable paragraphs of section 911(3)(a) to (f) relating to the transferee company and the transferor company (or, if there is more than one transferor company, each of them).